This Week
  • Developer plans a $15 million project to renovate a historic site in Clifton Springs.

  • The economy and demographics have Sheridan Bros. Moving on the move.

  • Technology and other factors have brought big changes to commercial building.

  • From Morocco, Joseph Squalli traveled far to become Rooney's Restaurant owner.

  • RocMusic director Alexander Pena rallies young music makers.

  • Challenges mount for area companies that do business in Russia.

Sinclair acquires piece of WHAM-TV 13

Rochester Business Journal
December 3, 2012

Sinclair Broadcast Group. Inc. said Monday it has purchased the non-license-related assets of WHAM-TV 13 for $54 million.

The Maryland-based company (Nasdaq: SBGI) acquired the assets of the station in Henrietta from Newport Television LLC. Sinclair will provide sales and other non-programming services pursuant to a shared service and joint sales agreement, the company said.

Sinclair also said it obtained an option to acquire for the station’s license assets, which relate its Federal Communications Commission license, which still belong to Newport Television.

The deal for WHAM-TV closed effective, along with the acquisition of a handful of other stations across the country from Newport.

Sinclair owns and operates, programs or provides sales services to 84 television stations in 46 markets. 

Its television group reaches some 27 percent of U.S. television households.

Newport Television acquired Clear Channel Television in 2008. It is based in Kansas City, Mo.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google